OnCredit Ready To Provide Free Loans with no Fees to Everyone for this Upcoming Season

Holidays are tough on everyone, no matter what your income level might be and the end of the year is one of the most expensive times of the year. Not only do you have to spend on gifts for kids, coworkers and loved ones, but the cost of dolling up and attending Christmas parties and company dinners is also extremely high. New Year’s Eve events also tend to run a huge bill at the end of the night. While some companies offer bonuses, most don’t and ordinary people are usually forced to enter the new year struggling financially and counting the days until their January paycheck.

OnCredit prides itself as a customer-first business and in this same vein, has decided to help alleviate some of the financial burden faced by people during this busy time.

OnCredit is offering Free Loans!

Free Loans

During this holiday season, OnCredit is proud to offer all our customers a free online cash loan in Sri Lanka. This is done in the hopes of providing some relief when it comes to the financial strain they undergo when it comes to managing all their seasonal expenses. You can now fund the most expensive time of the year with a small loan which you can pay back once you get your January salary - at no additional cost.

What is a Free Loan?

If a free loan sounds too good to be true, don’t be alarmed. This is a once-in-a-blue-moon opportunity OnCredit is offering for your first loan, where you can borrow an approved amount of money which you can then pay back without any interest or service charges i.e. you only pay back what you borrow. (Note: late payment penalties are still acceptable so don’t get too carried away!)

How can I get a free loan?

How can I get a free loan?

OnCredit is one of the most trusted money lenders in the country, offering small loans with low interest rates for short to long periods of time. During this season, OnCredit is offering free loans for first-time borrowers at absolutely no interest fees or service charges.

You can get your first free loan by following these steps:

  • Download the OnCredt mobile app or visit the OnCredit website
  • Register on one of our online platforms with a verified mobile number or e-mail address
  • Provide the information required by us:
  • Your personal details
  • Photo of National Identity Card
  • Photo of yourself (a quick selfie would do)
  • Your bank account details to apply for the loan
  • Enter your desired amount and select the repayment period
  • Apply for the loan

It’s literally that simple. With just five taps, you can apply for a quick loan from OnCredit from the comfort of your own home. Once you have applied for the loan, you will receive a phone call from one of our loan officers to verify the details provided by you. After that, if you get approved for the loan, you can have the cash in your bank account in as little as one hour from the time you applied.


Applying for a free loan can be done in a matter of seconds and you can have the cash in your hand within the hour - this level of speed cannot be matched anywhere else!


Due to the intuitive user interfaces of our digital platforms and minimal documentation required, even the most tech-unsavvy person can easily navigate the process.


The entire application and money receival process is done online which means you never have to leave your house to visit a physical office to get your free loan.

What can I use a free loan for?

The end of the year is undeniably the most expensive time of the year, regardless of whether you are celebrating or not. The Christmas parties, the workplace Secret Santa sessions, buying gifts for loved ones, as well as all the seasonal sales, mean that it takes a heavy toll on your bank account and wallets. There are so many instances where a free loan could uplift your holiday season this year:


End of year seasonal sales offer some of the best discounts of the year. If there are things you’ve been meaning to buy, this is a great time to buy them all and save a lot of money in the long run. If you don’t have enough cash in hand to complete your shopping, a free loan will greatly help you out.


If you’re lucky enough to be able to get time off during the holidays, take full advantage of the exciting hotel and travel deals with a free loan and make the best of this holiday season. After a relaxing vacation, you can enter the new year fully rejuvenated.


Not only will you have to attend a lot of Christmas dinners and New Year’s Eve parties but you can even try your hand at throwing your own festivity! Invite all your near and dear friends for an exciting gala at no additional expense to yourself.